NXT-ID Inc (NXTD) COO Sells $18,500.00 in Stock

NXT-ID Inc (NASDAQ:NXTD) COO Michael Joseph Orlando sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, April 10th. The stock was sold at an average price of $1.85, for a total value of $18,500.00. Following the completion of the transaction, the chief operating officer now owns 1,259,605 shares in the company, valued at $2,330,269.25. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Michael Joseph Orlando also recently made the following trade(s):

  • On Tuesday, March 13th, Michael Joseph Orlando sold 10,000 shares of NXT-ID stock. The stock was sold at an average price of $2.72, for a total value of $27,200.00.
  • On Tuesday, February 13th, Michael Joseph Orlando sold 10,000 shares of NXT-ID stock. The stock was sold at an average price of $2.06, for a total value of $20,600.00.

Shares of NASDAQ:NXTD opened at $1.99 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.84 and a current ratio of 1.12. NXT-ID Inc has a one year low of $1.01 and a one year high of $8.59.



Separately, Maxim Group raised their target price on NXT-ID from $5.00 to $6.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd.

Several large investors have recently made changes to their positions in the stock. Millennium Management LLC purchased a new stake in shares of NXT-ID during the 4th quarter valued at about $145,000. Bank of Montreal Can purchased a new stake in shares of NXT-ID during the 4th quarter valued at about $100,000. Finally, Vanguard Group Inc. raised its holdings in shares of NXT-ID by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 76,010 shares of the technology company’s stock valued at $144,000 after buying an additional 1,609 shares during the period. Institutional investors and hedge funds own 3.03% of the company’s stock.

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About NXT-ID

Nxt-ID, Inc, a security technology company, engages in the development of products and solutions for security, healthcare, finance, and Internet of Things (IoT) markets. It offers World Ventures SmartCard, a smartcard customized for WorldVentures, a travel company with approximately 500,000 members; and develops NXT SmartPay, a standalone solution with the ability to make payments on various devices through magnetic stripes, as well as through interaction with a terminal through EMC, near field communication (NFC), or barcode functionality.

Insider Buying and Selling by Quarter for NXT-ID (NASDAQ:NXTD)

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